S.607: Homeowners Rebate Act of 2001

About This Bill

Bill Cosponsor

Bill Summary

Homeowners Rebate Act of 2001 - Amends the National Housing Act to provide for a partial rebate to a mortgagor of Federal Housing Administration mortgage insurance premiums from the Mutual Mortgage Insurance Fund Participating Reserve Account whenever a surplus remains after the insurance obligation of the Fund terminates because a mortgagor has paid off the insured mortgage.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
March 23, 2001

Introduced in the Senate by Wayne A. Allard (R-Colo.)

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